Currencies

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  Currency in circulation rises to N1.574tn

  The total value of the currency in circulation in the Nigerian economy increased slightly...

  • Posted April 27, 2014
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  Naira volatility threatens single-digit inflation

  The persistent pressure faced by the naira in recent time may destroy the single-digit...

  • Posted March 20, 2014
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  Why coins are out of circulation – CBN

  The Central Bank of Nigeria on Thursday said that the low purchasing power of...

  • Posted March 15, 2014
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  238 Forex Dealers Licenses’ Withdrawn By CBN To Checkmate Corruption

  The Central Bank has thumped its regulatory hammer down on 238 Bureau de Change...

  • Posted January 17, 2013
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  Naira Slips On Interbank Auction As CBN Auction Suspension Lingers

  The Naira fell further against the dollar this week at the inter-bank market as...

  • Posted January 4, 2013
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  Naira Dips on Low CBN Dollar Sales

  Africa’s biggest crude oil producer’s currency the ‘naira’ declined in transaction by 0.4% to...

  • Posted November 6, 2012
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  Naira Gains on Investor Inflows, Oil Industry Supply

  The naira strengthened as offshore investors bought the nation’s short-term debt and oil companies...

  • Posted October 30, 2012
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  Naira Weakens on Dollar Demand After Inflation Slows

  The naira declined after the country’s inflation slowed to a nine-month low and on...

  • Posted October 18, 2012
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  Naira Gains as Central Bank Maintains Rates at Record High

  The naira strengthened after the central bank kept its benchmark interest rates at a record high...

  • Posted September 18, 2012
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  Naira Snaps Three Days of Declines as Crude, Reserves Advance

  The naira climbed against the dollar, snapping three days of declines as crude prices...

  • Posted September 13, 2012
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